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what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit reduction we ought to lower the top rate on the highest income people. you lose a ton of revenue there and you can't make it up unless you squeeze the middle class. so if you're going to start out by saying the first thing we do is lower the rate from say 35 to 28 as simpson-bowles does or 25 as ryan does it's virtually impossible do deficit reduction without hurting the middle class. my suggestion intended to break this deadlock, this gridlock we've had on getting a budget deal for the last year and a half, let's get off this thing that the first thing we do is say we're
what tax approach do you think could be negotiated in the lame duck? >> you know, we've had deadlock for two years and it's been on the revenue side, not on the cutting side. we always seem to agree on various cuts to make, whether on the domestic discretionary programs like education or highways or on the entitlement programs, but we never seem to agree on revenues. i think one of the major stumbling blocks which i've pointed out people have bought on to the theory as part of deficit...
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Oct 10, 2012
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. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to trash the reporter that paul ryan walked out of that interview on. the campaign given on the record quotes calling the reporter an embarrassment. the city where that reporter works and where that interview took place does have the worst violent crime rate in the nation. so that line of questioning here for mr. ryan was understandable. maybe even predictable. but beyond the newsworthiness of paul ryan getting up and taking off his microphone and ending the interview and beyond the newsworthiness of the campaign going after this reporter, there was what that reporter was ab
. >> you can do that by cutting taxes? >> those are your words, not mine. >> thank you very much, sir. >> that was kind of strange. trying to stuff words in people's mouths? >> it it sounds like you're -- >> ryan folks putting the paper in front of the camera and everything. vice presidential nominee paul ryan getting annoyed in this interview with terry camp in flint, michigan. the campaign even after the interview was over still went out of their way to...
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Oct 6, 2012
10/12
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who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection used to hide the distributional tax cuts they're proposing. for instance, even in herman cain's explicitly progressive world of a 9/9/9 flat tax, you can imagine the wealthiest households would still pay a majority of total income tax revenue. that doesn't reflect how progressive or fair the taxation system is. it reflects just how unequal incomes are. bush did it again in the next debate too. >> my plan is that the wealthy people pay 62% of the taxes today after which they pay 64%. this is a fair plan. you know why? because the tax code is
who pays taxes ought to get tax relief. a of my plan is in place the wealthiest americans will pay a higher percentage of taxes than they do today and the poorest of americans, 6 million families, 7 million people won't pay any tax at all. >> notice the slight of hands. the wealthiest americans will pay a higher percentage of taxes than they do today. not a higher percentage of their income in taxes since that would be an outright lie. very common bit of conservative bit of misdirection...
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. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't know. that sounds to me like it's a description of how he would be as president. so my job is not to worry about those people? >> well, he may have contempt for you, but that doesn't mean he's going to act like he has contempt for you when he's president. obviously, when he was in that particular room, he was telling the people in that room that that's exactly who he would be as president. and i think what we see from mitt romney is who he is and what he says is all dependent on the expediencies of the moment. if we had a president romney, he would mostly be held hostage by a republi
. >> these are people who pay no income tax. 47% of people pay no income tax. so our message of low taxes doesn't connect. he'll be out there talking for tax cuts of the rich. so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. >> so my job is not to worry about those people. i'll never convince them that they should take personal responsibility and care for their lives. krystal ball, i don't...
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Oct 7, 2012
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>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folk
>> he proposes a 20% across-the- board tax cuts. >> marginal tax rate. >> alternative minimum tax. he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes?...
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Oct 8, 2012
10/12
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i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another amazing statistic. i wouldn't believe that statistic. the rich pay tremendous amounts of taxes. most of the taxes in the country and they really have to be at least -- rich people if they don't love their country they can go to other countries and pay a lot less tax. if you were in new york and the taxes were high you could move to florida or move here. with globalization and everything -- >> why don't you move to florida. we have golf courses in miami. >> i have a lot of great properties in florida. i just -- >> the minute you walk you hed florida. >> i love new york. i stick with new york. it's a great place.
i live in new york i pay 50 percent in taxes. >> the rich are paying most of the taxes in the country. statistics come out that are amazing. >> it is like an amazing number. i was surprised to see it. they work hard they employ people. this is a very, very bad time. we are in a weak economy. this would be a bad time to raise taxes for any one whether it's the rich, the poor. now in all fairness less than 50 percent of the people in this country pay taxes anyway which is another...
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Oct 9, 2012
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tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is lower than the national average, which already is coming down -- >> in a place where the president's plan to save the auto industry actually protected many jobs. >> so in the face of all the evidence around them, and you can argue about economic statistics as much as you like, but people know their own economy and their own lives. he's trying to put against that by saying there are joshs in the ground we will dig up presumagely by pulling away from environmental regulations. he's talking really about fracking. that's his
tax cuts. a guy who says we shouldn't be having mission creep in libya but wants mission creep in syria. he's been on all sides of the issues. >> that's just in the last week. >> the president needs to just say these things, it's not obvious to people watching on tv. when you're in a debate it's helpful to talk about it at that time rather than in the rallies afterwards. the jobs question is very interesting. he's trying to convince people in ohio where the unemployment rate is...
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Oct 6, 2012
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would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16 billion of the national debt. even tom coburn, one of your heroes, from oklahoma, says we have to raise revenue. we have to cut spending. we have to balance our budget. that is not liberal, that is not conservative, it is just the truth. >> i will make a point that in that entire answer, mr. sadler did not disagree with me once that there is not a single texan who currently pays income tax that he is willing to rule out raising taxes on. i've asked to three times that question, and you have yet to give an answer. >> hold on, what about the question of revenue? he
would raise taxes on every single tax and who pays income tax. are the texans to pay income taxes we would not raise taxes on? you did not have an answer. >> you will not put words in my mouth. i would say, the first place, we have to balance the budget, cut spending, and raise revenue to reduce the national debt. you have never given any plan to reduce the national debt. anything you even described. talk about the deficit, our current budget, but you never say how you will eliminate $16...
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Oct 9, 2012
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was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone to vote and ryan said the gop ticket would win in michigan. clueless actress stacy dash sent a tweet of herself with an american flag endorsing mitt romney as the only choice for the future. well that prompted a twitter explosion criticizing a black woman's support for mitt romney. >> and mr. romney may be worried about questions from children about his plans to cut funding for big bird and sesame street. the republican candidate has decided to skip nickelodeon's the kids pick the president special. the producer says that decision dissed children. president obama will be talking directly to the kids for the special. and t
was being interviewed in detroit when he objected to the reporter's question about gun violence and taxes. and then the interview came to an abrupt end. take a look. >> those are yours, not mine. >> thank you very much, sir. >> that was kind of strange. stuff words in people's mouth? >> he said he responded as anyone would in such a strange situation. also in michigan, paul ryan and kid rock got a loud welcome from thousands at oakland university. kid rock urged everyone...
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Oct 12, 2012
10/12
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they pay more effective tax than governor romney pays in his federal income tax. they are elderly people who are, in fact, living off social security. they're veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i've had it up to here with with this notion that 47% of -- it's about time they take some responsibility here. instead of signing pledges to grover norquist not to ask the wealthiest among us not to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. >> that issue of taxes and which side wants to raise them and which side wants to cut them and on whom, that sparked one of the more spirited moments in tonight's debate. >> there aren't enough rich people in small businesses to tax to pay for all their spending. the next time you hear them say, don't worry about it, we'll get a few people to pay their share, watch out. they're coming for you. you can preserve these important preferences. >> it has never been done before. >> it's b
they pay more effective tax than governor romney pays in his federal income tax. they are elderly people who are, in fact, living off social security. they're veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i've had it up to here with with this notion that 47% of -- it's about time they take some responsibility here. instead of signing pledges to grover norquist not to ask the wealthiest among us not to contribute to bring back the middle class, they...
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Oct 14, 2012
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-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep america strong. amid run the budget plan will hurt the image it -- the middle class, raising taxes on the average family by up to $2,000 like giving a tax break of $250,000 to multimillionaire's. does and mitt romney understand that we cannot rebuild america by tearing down the middle class? host: one of the pro- obama ads - pennsylvania on our republican line, good morning. caller: good morning, a most interesting discussion. i think the ads reflect a lack of character in this country. the founding fathers said that the republic system of government demands at this and the
-- taxes on that money and the only tax on capital gains you pay is earned. host: do you think this issue comes up enough in the ads? caller: nom, it's not. host: do you think that adds should have a different focus? caller: i think they should focus on what will happen now. they should go back and see what they have done and what they say they will do now. host: stick a look at another at ad - >> we the people, the middle class to move this country for, work hard, raise families and keep...
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Oct 6, 2012
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battles all over the country about bashes vouchers, the tax credit, but not just catholic schools, but other kinds of religious schools and proliferation of different schools and also charter schools have variation intensive public schools because charter schools are indeed public schools. but that element, i think, gives rise -- i think that's the overall trend that i should be kept on. there is another trend come you have that upward line. the money down the line of special concern to me into the church that i work for. and that is the decline of catholic schools in urban centers, basically as catholics moved more to suburbs. a trend going on for a long time. the massive structure earlier in the century as being, i do want to say abandoned, but deluded as catholics. those institutions have now, what are they call it, for 20 years or so have been hanging in the in order to serve the broader community, not just the catholic students. that is becoming economically more and more difficult and i think parental choice in education is one of the things that can help arrest the trend. see th
battles all over the country about bashes vouchers, the tax credit, but not just catholic schools, but other kinds of religious schools and proliferation of different schools and also charter schools have variation intensive public schools because charter schools are indeed public schools. but that element, i think, gives rise -- i think that's the overall trend that i should be kept on. there is another trend come you have that upward line. the money down the line of special concern to me into...
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we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk to the economy in the short term -- if we go over the fiscal cliff and the aggregate demand comes out of the economy that we will have a relatively mild recession in the first part of 2013 and we would be back and recovery by the second half of 2013. it would be a recession on top of where we are and that is not good. the bigger risk is the rest to the economy in the long term if we keep kicking the can down the road. how do we think about this? there's an interesting report that came out several months ago from the carlyle group. i want to briefly read what it includes. it says there will be a grand bargai
we have significant features of the individual income tax, corporate income tax, the estate tax, and apparel text which expire at the end of the year. in a deep sense, we don't know what our tax code is anymore. it would be nice if we emerged on the far side of the fiscal cliff with our leaders could get us back to a situation where we actually know what the tax code is. >> thank you. our next speaker -- speaker will be bob greenstein. >> there are two risks here. the obvious risk...
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Oct 11, 2012
10/12
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i hear all this talk about about the death tax, the estate tax. it's going give a windfall to the people. all themen money going the privilege people who built the pis business, made their money it's their money. which is it? do we have a country built on equal natural rights, where you can make the most of your life, get up, work hard, take risks, become successful, create jobs, grow businesses, do well, earn success, and yes, pass it on to your kids. what on earth is wrong with that? that's the american dream. and to my friend to my side of the aisle who simply don't like some of the spending in the bill. i don't like it either. let's cut the spending next year when we're in charge. there's junk in the tax code. everybody agrees with this. this is advancing some of the junk in the tax code and what i say to my friends on the other side of the aisle next year let's get rid of the junk of the tax code with we're in charge. right now, let's not hit the american people with the tax increase. if we want to get this debt under control, if we want to g
i hear all this talk about about the death tax, the estate tax. it's going give a windfall to the people. all themen money going the privilege people who built the pis business, made their money it's their money. which is it? do we have a country built on equal natural rights, where you can make the most of your life, get up, work hard, take risks, become successful, create jobs, grow businesses, do well, earn success, and yes, pass it on to your kids. what on earth is wrong with that? that's...
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with a big tax cut? >> those are your words, not mine, thank you very much sir. >> that was kind of strange. >> the campaign that was michael steele the press secretary was putting a white paper in front of the camera. the reporter knew he was already well over the allotted time to the interview when he decided to ask a weird question. ryan spongded as anyone would in such a situation, when you do nearly 12 hung interviews in a couple of months, eventually you're going to see a local reporter embarrass himself. >>> romney will take questions on thursday night at the winter green resort in virginia where he even did debate prep on an indoor tennis court we're told. he's in florida for more debate prep. >> joe biden is one of the best debaters we have seen in modern politics, he's been doing this 40 years, he ran for president twice and for vice president. this is my first time on a substantial stage. >> ryan is reviewing biden's 2004 debate with sarah palin. on monday ryan attacked what he says is the dem
with a big tax cut? >> those are your words, not mine, thank you very much sir. >> that was kind of strange. >> the campaign that was michael steele the press secretary was putting a white paper in front of the camera. the reporter knew he was already well over the allotted time to the interview when he decided to ask a weird question. ryan spongded as anyone would in such a situation, when you do nearly 12 hung interviews in a couple of months, eventually you're going to see...
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(applause) the first half hour was an or geoof tax policy minutish-- orgy was tax policy minutia, and they moved on to the intricacies of medicare solvency it was off the hook, in that it would have been more interesting to listen to a dial tone. (laughter) but however wonky it got last night there was no miss tacking that there was a fire breathing leftie on that stage spewing heated socialist rhetoric. >> i will not reduce the taxes paid by high income americans. regulation is essential. you can't have a free market work if you don't have regulation. preexisting conditions are covered under my plan. and with regards to health care wa, we did in massachusetts is a model for the nation, state-by-state. >> stephen: yes, mitt romney's health-care plan is just like his positions, the details change state-by-state. (laughter) now-- folks, you know me-- you watch this show, you know me. as a stanch conservative i condemn any help can who-- republican who distances himself from everything he has said on the campaign trail. but it worked so [bleep] it. (laughter) besides, i mean the argument
(applause) the first half hour was an or geoof tax policy minutish-- orgy was tax policy minutia, and they moved on to the intricacies of medicare solvency it was off the hook, in that it would have been more interesting to listen to a dial tone. (laughter) but however wonky it got last night there was no miss tacking that there was a fire breathing leftie on that stage spewing heated socialist rhetoric. >> i will not reduce the taxes paid by high income americans. regulation is...
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Oct 6, 2012
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we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was the bipartisan cry, right? that is what john mccain ran on to a large extent in 2008. i will get the powers that be in washington to reject special interest in washington. there is our real interest for one party to take this on and use it as a way of mobilizing. >> at the same time as the bipartisan ground has disappeared, it has become a much bigger issue among democrats. not only on the ground. senator feingold was a little bit -- you know, in many ways, that was a miracle. it was quite a political miracle. the democrats controlled congress until 20
we are going to help the working guy defeat the flat tax. i think obama said in his interview on reddit that he would pursue a constitutional amendment. he is saying, i will go door-to- door on this and i will make this our rallying cry across the country as a way to get support for my side. you could win people over by that. you could say, these guys are getting taking care of because they used to be -- this election is a little different, but it used to be, just the last two cycles, that was...
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additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close some corporate loopholes. i want to be honest with people. we can't eliminate this deficit. people have heard that over and over and over in four years. we cannot do it. we're in too deep a hole. but we can cut the deficit in half and move this country back on a path to fiscal responsibility. >> 90 seconds, mr. vice president. >> the kerry record on taxes is one basically of voting for a large number of tax increases, 98 times in the united states senate. there's a fundamental philosophical difference here between the president and myself, who believe we ought to let the american people keep more
additional tax cuts to middle-class families, tax cuts for healthcare, tax cuts to help families pay for their college tuition, tax cuts for childcare. these families are struggling and hurting and they need more tax relief, not less tax relief. but to help get us on the path to a balanced budget, we want to get rid of some of the bureaucratic spending in washington. they've actually layered on more supervisory people, people at the supervisory level in this government. we also want to close...
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bolick, sales tax. bullock: if a sales tax on sandusky will veto it. the congress has said repeatedly actually she would favor a replacement tax. he also points to property tax rates inside, idaho or wyoming so much better off given the fact of their property tax rates. by and large, even conservative groups say we have each best taxes for businesses in the nation. so the other safety looks that have sales tax. i think we can do great things for montana. we propose to give them a business tax cut. there would be 11,000 businesses across the state. a $400 for a phone that owns a home in montana. so we will make sure to help up main street is as well as to certain another places like that. >> the u.s. supreme court citizens united decision of the two judges and montana striking on several montana's campaign finance laws, essentially opening the floodgates of spending in the state and national races. one lot was reinstated by the ninth circuit. many people including your opponents believe citizens united and a follow corrupt the election process. others t
bolick, sales tax. bullock: if a sales tax on sandusky will veto it. the congress has said repeatedly actually she would favor a replacement tax. he also points to property tax rates inside, idaho or wyoming so much better off given the fact of their property tax rates. by and large, even conservative groups say we have each best taxes for businesses in the nation. so the other safety looks that have sales tax. i think we can do great things for montana. we propose to give them a business tax...
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Oct 6, 2012
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wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with the job figures today. because it's clearly good news for barack obama politically if nothing else. >> not only the numbers today but the revisions for the last two months. we seem to really be on a trajectory and you know, this is going -- apparently what really matters is not the economy for the year but the economy at the moment as people approach the election. people are beginning to vote. >> the good news for barack obama there. not so good news his performance at the debate. common consensus is a bit of a turkey. >> he blew it. >> wh
wealthy huge new tax breaks? because according to experts, he would have to raise taxes on the middle class, or increase the deficit to pay for it. if we can't trust him here, how could we ever trust him here? >> roller coaster week hitting a high note for president obama. the new jobless numbers are easing the pain of his poor debate performance and bring romney's momentum to a sharp stop or it may not. joining me now, "new york times" columnist, nick kristof. let's start with...
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taxes or not support a tax reduction. 94 times. that is not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more what we're in and produce. government will have to learn to be more efficient and live with less if that is what it takes to rein in the government growth that we have seen today. but we do need tax relief and barack obama even supported increasing taxes as late as last year for those families making only 40 two thousand dollars a year. that is a lot of middle-income average american families to increase taxes on them. i think that is a way to kill jobs and will continue to harm our economy. >> the charges absolutely not true. barack obama did not vote to raise taxes. the vote this use referring to, john mccain voted the exact same way, which was a procedural vote. it did not raise taxes. no. 2, the governor uses -- john mccain voted 477 times to raise taxes. it is a bogus standard. but if you notice, the governor did not answer the question about d
taxes or not support a tax reduction. 94 times. that is not what we need to create jobs and really bolster and heat up our economy. we do need the private sector to be able to keep more what we're in and produce. government will have to learn to be more efficient and live with less if that is what it takes to rein in the government growth that we have seen today. but we do need tax relief and barack obama even supported increasing taxes as late as last year for those families making only 40 two...
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and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named grover in order kwis. >> ezra, i have to say for me one of my favorite moments in the debate was with him pointing out the effective rate romney pays compared to what other people in the real world pay. i'm not sure how many people jumped on that a as their favorite moment but. >> you and me, lawrence. >> but biden is finding more effective ways of isolating that romney tax return 14% number. >> it wasn't just that. biden i thought actually figured out what obama didn't figure out a week before which is how to deal with the ryan/romney ticket on taxes, medicare and social
and other taxes and at an effective rate higher than romney pays his taxes. over 10% of them are senior citizens on social security. the rest are disabled vets and veterans and military personnel fighting now. that's the 47%. the 47%, this nation depends on to build this country. folks, it's about time governor romney takes some responsibility. [ cheers and applause ] take some responsibility to help the american people, the middle class. instead of lining up to sign a pledge to a guy named...